Jack Dorsey Backs the Zion v2 Project Building on WEB5

Jack Dorsey Backs the Zion v2 Project Building on WEB5
  • Web5 pillars are Decentralized identifiers, Verifiable credentials, and Decentralized web nodes.
  • Zion v2 uses the Bitcoin Lightning Network for payments, identity, messaging, and data storage.

Jack Dorsey, a crypto enthusiast, is especially interest in and frequently emphasizes web5, and this morning he tweeted that web5 is happening and linked to and endorsed the Zion app that is constructing the Zion v2 in web5.

In Zion v2, Blocks are uses to introduce the ideas of a Decentralized Web Platform. Each user would linked to the network via a DID, and a decentralized web node would act as a secure, private server (accessible only by private key), granting individuals absolute and irrevocable custody over their data. This means that no individual user can use another user’s data to manipulate their experience on the platform.

From the broken state of the centralized web, the three crucial parts of v2 have been rectified.

It utilizes the Bitcoin Lightning Network for payments, identity, messaging, and data storage.

Features of Web5

Decentralized web platforms, or Web5, are a new web evolution that supports decentralized apps and protocols. The Decentralized Web Platform (DWP) enables developers to create Decentralized Web Apps (DWAs) by utilizing Decentralized Identifiers (DIDs) and Decentralized Web Nodes (DWNs). This gives individuals back ownership and control over their identity and stupidity.

The pillars of web5 are Decentralize identifiers, Verifiable credentials, and Decentralized web nodes.

The Zion v2 is hard at work building the new software with these new web5 features. It is exponentially more difficult to develop new software using creative components for original products. on the Web 5 technology.

A passionate writer who  is keenly exploring crypto and Blockchain loves to know about new things and exploring what is happening in world.